Saba Capital Management, L.P. → GABELLI DIVIDEND & INCOME TRUST GDV-PK

Item 4 is hereby amended and supplemented by the addition of the following: On January 7, 2026, Saba Capital Master Fund, Ltd. ("SCMF"), a private fund advised by Saba Capital, submitted to the Issuer a notice of intent informing the Issuer of its intention to nominate Andre Clemot (the "Nominee") as an independent trustee for election to the Board at the Issuer's 2026 annual meeting of shareholders (the "Annual Meeting"). The Nominee has entered into a nomination agreement (the "Nominee Agreement") with SCMF substantially in the form attached as Exhibit 3 to this Schedule 13D/A whereby the Nominee agreed to stand for election as an individual trustee of the Issuer in connection with a proxy solicitation which may be conducted in respect of the Annual Meeting, and SCMF has agreed to defend and indemnify the Nominee against, and with respect to, any losses that may be incurred by the Nominee in the event he becomes a party to litigation based on his nomination as a candidate for election to the Board and the solicitation of proxies in support of his election. The foregoing summary of the Nominee Agreement is not complete and is qualified in its entirety by reference to the full text of the form of Nominee Agreement, a copy of which is attached as Exhibit 3 and is incorporated by reference herein.